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INVESTMENT SNAPSHOT
About this property
Excellent Location in Heart of Worcester( Kelly Sq. )exceptional 3-family for sale. Ideal for both Investors and Owner-occupants. High demand rental location, walking distance to polar Park. Property located across of the park. unit #1 and #2 is de-leaded. tenants occupied with month to month lease . Unit #3 is vacant, tenant has moved out end of March. This Property delivers long-term value and consistent demand. Ideally situated near restaurant's, shopping, public transportation, and major routes. Don't miss your chance to take advantage of the continued rental demand in the Worcester.
Property details
| Units | 3 |
| Living area | 3,596 sqft |
| Lot size | 4,882 sqft |
| Year built | 1900 |
| Price / sqft | $219 |
| County | Worcester |
| MLS # | 73502598 |
Listing status
| Days on market | 33 days |
| Listed on | April 15, 2026 |
Taxes & financials
| Annual property tax | $8,150 |
| Tax year | 2025 |
| Assessed value | $617,900 |
| Zoning | BG-3 |
| Gross income (actual) | $76,800/yr |
| Net operating income (actual) | $71,850/yr |
| Total actual rent | $6,400/mo |
| Electric expense | $950/yr |
| Insurance expense | $3,500/yr |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Basement | Full |
| Foundation | Concrete Perimeter |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of MIG — Sohrab Khan. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 246 Millbury St, Worcester MA 01610 have?
It is a 3-unit multi-family property with 3,596 sqft of living area, built in 1900.
How long has 246 Millbury St, Worcester MA 01610 been on the market?
246 Millbury St, Worcester MA 01610 has been listed for 33 days (since April 15, 2026).
What is the estimated cap rate on this 3-family in Worcester?
Based on area median rents, the estimated cap rate is about 5.3%, with a Signal Score of 89/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $789,000 across 3 units, that works out to roughly $263,000 per unit.
What are the property taxes on 246 Millbury St, Worcester MA 01610?
Annual property taxes are $8,150 (2025), on an assessed value of $617,900.
What is the price per square foot?
At $789,000 for 3,596 sqft, that's about $219 per square foot.
Is there parking?
6 total parking spaces.
Where is this property located?
246 Millbury St, Worcester MA 01610 is in Worcester, Worcester County, MA 01610.
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